Microsoft (MSFT) PT Lowered to $421 at Barclays
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3 reasons why HSBC says Microsoft stock is 'a core software sector holding'
October 26, 2023 6:43 AM EDTHSBC analysts led by Stephen Bersey upgraded Microsoft (NASDAQ: MSFT) shares to Buy from Hold after the company reported a strong set of FQ1 results.
Berseys 3 factors that fueled the rating change are:
Accelerating growth;Expanding margins; andAttractive valuationWe think that the company is benefiting from a material uptick in global customers investing in AI projects and that Azure is a platform of... More
